“Millennials – the 25 year-old to 40 year-old cohort – are hitting their prime spending years. There’s 1.8 billion of them, representing 23% of the world’s population, and they’re not content with the status quo. Some 50 percent of 8,000 banking customers in a new CapGemini survey cited voice assistants as a feature they want…
Tag: Digital Transformation
Advance Digital Banking Using AI Is Just One Way Arvest Bank Plans on Utilising Google Cloud
“Arvest Bank, a community bank with more than $26billion in assets, announced a five-year partnership with Google Cloud to enable and accelerate its multi-year digital transformation strategy. The announcement follows the bank’s partnership with technology leader Thought Machine, and comes on the heels of its announcement that growth strategist Laura Merling has joined Arvest to…
A deep dive into Capital One’s cloud and data strategy wins
“‘At Capital One, we say data is the air we breathe. Companies recognize that the key to success in today’s tech-driven landscape is making use of their data. So, no pressure.’ ‘When you combine common tooling and centralized policy with federated ownership, you make it easy for your practitioners to do their job,’ he said….
How to Be a Digital Transformation Champion
“With more than 25% of businesses dealing with between 1,000 and 9,999 data sources, integrating, reconciling and managing this data to get to its value has also become exponentially more challenging. A recent survey of global Chief Data Officers (CDOs) by IDC indicates that high levels of data fragmentation are forcing 37% of data leaders…
AI disruption is already here, even if we don’t notice it
“IBM’s report on the state of AI, the IBM Global AI Adoption Index 2022, highlights that nearly 80% of businesses are either using AI in their business today or are exploring its usage. The report goes on to indicate that the top barriers to AI adoption are lack of technical skills (cited by 34% of…
